GK Energy Share Price, Company Overview & IPO Details
GK Energy, a leading provider of Engineering, Procurement, and Construction (EPC) services for solar-powered pump systems, made a decent debut on the stock market on September 26, 2025. The GK Energy share price listed at Rs 171 on the NSE, a premium of 11.76% over its IPO issue price of Rs 153. On the BSE, the stock began trading at Rs 165.20, a premium of nearly 8%.
About GK Energy Ltd.
GK Energy is a key player in the implementation of the PM-KUSUM Scheme, specialising in the EPC of solar-powered pump systems. The company has a strong presence in Maharashtra and operates on an asset-light business model. Its key business attributes include:
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Market Leadership: The company is a leading pure-play provider of EPC services for solar pump systems in Maharashtra, with a 15% market share under the PM-KUSUM scheme.
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Robust Order Book: As of August 2025, GK Energy had a strong order book of Rs 1,028.96 crore, providing good revenue visibility.
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Asset-Light Model: The company sources key components like solar panels and pumps from various vendors and engages third-party providers for installation and commissioning, allowing for a flexible and scalable operational model.
GK Energy IPO & Listing Performance (September 2025)
The IPO of GK Energy, which was open from September 19 to September 23, 2025, saw overwhelming investor demand, with an overall subscription of 89.62 times.
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Listing Price (NSE): Rs 171 (11.76% premium)
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Listing Price (BSE): Rs 165.20 (7.97% premium)
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IPO Price Band: Rs 145 – Rs 153 per share
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Issue Size: Rs 464.26 crore, which included a fresh issue of Rs 400 crore and an Offer for Sale (OFS) of Rs 64.26 crore.
The listing was in line with market expectations, as the grey market premium (GMP) had indicated a potential listing pop of around 12%. The subscription was heavily driven by Qualified Institutional Buyers (QIBs), whose portion was booked over 193 times, and Non-Institutional Investors (NIIs), who subscribed nearly 129 times.
Use of IPO Proceeds
The net proceeds from the fresh issue will be utilised for:
Financial Highlights
At the time of its listing, the stock had a Price-to-Earnings (P/E) ratio of 22.1. As of July 2025, the company had successfully installed over 97,000 solar pump systems across six states in India.
What You Can Find on This Company Page
This page is your complete resource for all information related to GK Energy Ltd. Here’s what you can access:
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Live GK Energy Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about GK Energy Share Price
Q1: What was the listing price of GK Energy?
The shares listed at Rs 171 on the NSE, a premium of 11.76% to the IPO price of Rs 153.
Q2: How was the investor response to the GK Energy IPO?
The IPO was oversubscribed 89.62 times, showing strong demand from all investor categories, especially from institutional investors.
Q3: What does GK Energy do?
The company is a leading provider of EPC services for solar-powered pump systems, primarily operating under the PM-KUSUM scheme.
Q4: What was the issue size of the GK Energy IPO?
The IPO was a mix of a fresh issue and an Offer for Sale, aggregating to Rs 464.26 crore.